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Thursday, June 7, 2018

Source: No contact yet between Jho Low's lawyers and MACC


There is no contact yet between 1MDB-linked businessperson Jho Low's lawyers and the MACC, according to sources.
"We have not received anything from Low's lawyers. And why is he speaking through lawyers instead of turning up himself?" a MACC source told Malaysiakini.
Malaysiakini has contacted MACC chief Shukri Abdull and 1MDB taskforce chief Abdul Gani Patail for confirmation.
Earlier today, US-based law firm Kobre & Kim issued a statement on behalf of Low saying the businessperson had "immediately instructed his lawyers to make contact with the MACC today" to offer assistance.
This follows the MACC saying it was seeking Low and lawyer Nik Faisal Ariff Kamil to assist in their investigations into SRC International Sdn Bhd.
SRC International is a former 1MDB subsidiary and it is alleged that RM42 million from the firm had been misappropriated and channelled into former prime minister Najib Abdul Razak's accounts.
Low is also a key figure in the 1MDB scandal.
Pink diamond set
The US Department of Justice (DOJ) has claimed that Low is involved in multiple instances of 1MDB funds being allegedly misappropriated.
He is accused of having used 1MDB funds to purchase a superyacht named Equanimity, jewellery for model Miranda Kerr and also a US$27.3 million pink diamond necklace for the wife of "Malaysian Official 1" (MO1).
The DOJ claims the pink diamond set was purchased using US$620 million that MO1 claimed to have returned to a royal Arab donor but was instead channelled to accounts allegedly controlled by Low.
MO1 has been identified as Najib. -Mkini

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